The economic landscape of Cambodia is undergoing a historic shift. Recent official data released in March 2026 reveals a massive 40% surge in bilateral trade with the United States, cementing Washington’s position as Phnom Penh’s premier trading partner.
1. The US Market: A Record-Breaking Start
According to AKP, Cambodian shipments to the US reached US$2.26 billion in just the first two months of 2026. This growth is largely driven by a significant reduction in tariffs and a strategic pivot toward US-made goods, which saw a 64.8% increase in imports to Cambodia.
2. Rice Exports: Chasing the 1 Million Tonne Goal
The Cambodia Rice Federation (CRF) has also reported stellar performance. In the Jan-Feb period, milled rice exports reached 247,822 tonnes, earning US$142.8 million in revenue.
- Fragrant Rice dominance: Still the top choice, making up 59% of exports.
- Diversification: Beyond China and the EU, Cambodia is successfully reaching new markets in the Middle East and ASEAN.
3. Why This Matters for Investors
This trade momentum is supported by the Regional Comprehensive Economic Partnership (RCEP) and new bilateral FTAs. Based on data released by AKP, Cambodia’s total exports hit US$5.23 billion in early 2026, a 17.2% year-on-year increase, proving the Kingdom’s resilience as a global manufacturing and agricultural hub.
❓ FAQ
The United States has emerged as the largest market, accounting for a significant portion of the $5.23 billion in total exports during early 2026.
Cambodia exported 247,822 tonnes of milled rice, generating US$142.8 million in revenue.